Add-on Acquisition • Transportation

Fastfrate Group Acquires CDI

On March 18, 2013, Fastfrate Group acquired transportation company CDI

Acquisition Context
  • This is Fastfrate Group’s 1st transaction in the Transportation sector.
  • This is Fastfrate Group’s 1st transaction in Canada.
  • This is Fastfrate Group’s 1st transaction in Alberta.

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M&A Deal Summary

Date March 18, 2013
Target CDI
Sector Transportation
Buyer(s) Fastfrate Group
Deal Type Add-on Acquisition

Target Company

CDI

Edmonton, Alberta, Canada
CDI manages transport of sea containers to and from major ports, rail yards and distribution centres across the country and into the USA. CDI is based in Edmonton, Alberta.
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Buyer Overview 1

Buyer

Fastfrate Group

Woodbridge, Ontario, Canada

Category Company
Founded 1966
Sector Transportation
DESCRIPTION

Fastfrate Group is a provider of diversified transportations services in with a national terminal infrastructure. The company has grown into a diversified transportation company with a menu of services including LTL and truckload from any point to any point within Canada and the Northeast and Midwest United States, national drayage and cartage, warehousing, transloading on both the east coast and the west coast, special operational direct ship programs for retailers, and third-party logistics. Fastfrate Group was founded in 1966 and is based in Woodbridge, Ontario.


Deal Context for Buyer #
Overall 1 of 5
Sector: Transportation 1 of 5
Type: Add-on Acquisition 1 of 5
State: Alberta 1 of 1
Country: Canada 1 of 5
Year: 2013 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-10 Bestway

Mississauga, Ontario, Canada

Bestway offers time-definite LTL shipping services northbound and southbound between Quebec, Ontario and states east of the Mississippi on a daily and scheduled basis. They provide seamless service solutions for all dry, heated, hazmat and specialized transportation requirements. Bestway was founded in 1976 and is based in Mississauga, Ontario.

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